RLAY Options History — September 2021

In September 2021, RLAY traded between $31.52 and $37.26. ATM implied volatility averaged 206.8%, placing in the 83.7% IV rank vs the trailing year. The 30-day expected move averaged 62.7%. IV traded above realized volatility by 152.9% (HV 20d: 53.9%). Max pain ranged from $25.00 to $35.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 2.42.

Notable Days

  • 2021-09-07: Highest Volume — 743 contracts
  • 2021-09-08: Largest IV spike — 39.0% change
  • 2021-09-08: Highest IV Rank — 100.0%
  • 2021-09-15: Largest Expected Move — 71.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.99$31.52$37.26$32.48$31.52
Max Pain$29.52$25.00$35.00$35.00$30.00
ATM IV206.8%109.7%250.2%109.7%244.7%
Expected Move62.7%31.5%71.7%31.5%70.2%
HV 20d53.9%45.7%64.5%45.7%64.5%
HV 60d45.9%41.3%50.0%41.3%49.9%
IV Rank83.7%46.3%100.0%46.3%97.2%
IV Percentile96.2%82.1%100.0%82.1%98.8%
Term Structure-61.5%-97.9%98.7%98.7%-82.5%
VWIV212.0%107.7%242.9%107.7%218.1%
Skew 25d12.5%-34.8%107.8%9.0%14.0%
Skew 10d-17.6%-127.1%68.6%-0.2%24.1%
Call IV 25d210.3%119.8%244.8%119.8%239.0%
Put IV 25d222.8%128.8%261.7%128.8%253.0%
Bid-Ask Spread %66.0544.37112.22112.2292.47
Gamma HHI0.260.220.310.250.22
Net GEX5.6K-5.8K14.4K-5.4K8.4K
Net DEX-1.8M-2.9M-217.3K-217.3K-1.0M
Net VEX-13.6K-15.4K-11.2K-11.2K-12.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.420.1114.050.660.45
Total Volume154.52410743273254
Total OI3,590.6672,4064,1372,4064,130

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$32.48$35.00109.7%31.5%45.7%46.3%107.7%9.0%98.7%-5.4K-217.3K-11.2K0.66112.22N/AN/A1641091,0311,375
2021-09-02$33.32$25.00130.9%64.5%46.5%63.2%222.3%9.7%-73.5%-5.8K-307.2K-11.4K1.2260.35N/AN/A9111,0651,396
2021-09-03$31.87$25.00138.0%65.2%49.1%68.9%227.0%3.0%-70.4%-3.7K-514.6K-12.1K2.8060.43N/AN/A5141,2211,492
2021-09-07$33.65$25.00176.0%69.3%52.9%99.3%220.6%-17.1%-86.8%-3.7K-744.2K-11.9K0.9255.74N/AN/A3873561,2291,497
2021-09-08$32.51$30.00244.5%70.1%54.2%100.0%242.9%-2.9%-86.3%-4.2K-607.7K-11.7K0.6252.04N/AN/A39241,2321,509
2021-09-09$33.06$30.00241.5%69.2%54.2%98.4%231.6%-13.8%-84.7%-1.0K-1.2M-14.0K0.5358.34N/AN/A2581361,6201,814
2021-09-10$32.55$30.00242.0%69.4%53.4%98.7%240.4%-6.2%-82.9%-1.7K-1.2M-13.9K0.5955.98N/AN/A82481,6581,835
2021-09-13$35.53$30.00236.3%67.7%61.8%95.7%222.4%-9.5%-76.6%12.1K-2.3M-15.0K2.9244.37N/AN/A381111,9141,970
2021-09-14$35.46$30.00229.5%65.8%60.1%92.2%232.0%11.7%-67.6%7.3K-2.3M-15.4K14.0550.88N/AN/A212951,9962,014
2021-09-15$36.57$30.00250.2%71.7%60.4%100.0%239.6%-4.1%-97.9%8.2K-2.9M-15.1K0.0051.53N/AN/A0102,0102,030
2021-09-16$36.97$30.00245.1%70.3%60.4%97.4%233.0%-6.5%-67.9%4.0K-2.9M-14.7K4.1854.93N/AN/A22922,0172,120
2021-09-17$37.26$30.00233.6%67.0%53.1%91.6%219.0%-34.8%-60.3%5.5K-2.9M-14.6K0.7950.63N/AN/A43342,0172,100
2021-09-20$36.48$30.00201.7%57.8%53.9%75.5%181.8%26.0%-46.4%11.4K-2.1M-14.4K3.7364.68N/AN/A11411,7671,943
2021-09-21$36.72$30.00176.7%50.6%53.5%62.9%196.8%51.1%-43.3%10.5K-2.5M-14.3K2.6472.54N/AN/A36951,7891,964
2021-09-22$37.24$30.00192.1%55.1%50.9%70.7%199.4%37.1%-41.8%11.0K-2.4M-14.2K8.5668.58N/AN/A9771,7991,996
2021-09-23$37.07$30.00181.6%52.1%49.2%65.4%174.2%5.3%-45.7%11.5K-2.5M-14.2K1.1866.40N/AN/A11131,8112,054
2021-09-24$36.73$30.00207.0%59.3%49.3%78.2%205.2%55.3%-69.1%14.4K-2.1M-14.3K0.1179.81N/AN/A216241,8212,058
2021-09-27$37.15$30.00223.7%64.1%49.2%86.6%195.4%18.9%-71.8%11.9K-2.5M-13.3K0.4461.88N/AN/A1671,8222,056
2021-09-28$37.15$30.00225.6%64.7%49.3%87.6%242.1%107.8%-65.6%13.8K-2.8M-14.3K1.4081.69N/AN/A572,0382,075
2021-09-29$33.50$30.00213.2%61.1%61.0%81.3%201.3%9.0%-69.0%13.0K-1.9M-13.2K0.6791.62N/AN/A69462,0412,078
2021-09-30$31.52$30.00244.7%70.2%64.5%97.2%218.1%14.0%-82.5%8.4K-1.0M-12.5K0.4592.47N/AN/A175792,0462,084